7.2



SOL 78.00–78.20 is mainly a wait-and-see area. Aggressive traders may try a small long; stop loss at 77.00; targets 79.00/79.50.
Above, wait for an opportunity to control the position in the 79.50–80.00 range, with stop loss at 80.80 and targets 78.00/77.20.

The market has pushed from 73.72 to 78.02, with consecutive bullish candles on the 4-hour timeframe—good execution of the long-side control. But 78.93–79.50 is a previous dense order area and also the biggest pressure zone for this rebound: once volume shrinks near the pressure level, it’s easy to get pushed back.

24h volume is 635K SOL, with a trading value of 48M; compared with the previous few days, it has expanded, but whether it can sustain is the key. The MACD fast line turns above the zero axis, and the KDJ is blunted at high levels—there are signs of technical overbought.

First, look for range-bound movement in the 77.00–79.00 area; only after a volume-backed breakout above 79.00 will there be a chance to target 79.50–80.00. Reduce positions around 79.00, and only act after receiving a signal above 79.50. $SOL #Circle股价重挫17%
SOL5.10%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned